3100 Dundee Road, Suite 116 Northbrook, IL 60062

A Focus on Solutions, Not just space.

Learn more about how we match the perfect property with the ideal tenant.


KLA's strong local market knowledge allows our professionals to provide our clients with valuable information in making their real estate decisions. We provide acquisition, disposition, sale/lease back, build-to-suit and consulting services throughout the Chicago metropolitan area in the industrial, office, land and investment areas.

Harlan S. Korman, Principal 847.205.4364

Harley Korman has been with Korman/Lederer since 1983. He is responsible for marketing and major tenant representation throughout the metropolitan Chicago area. During his tenure, Mr. Korman has been involved in over 450 transactions with a total value approaching one billion dollars.

On the user side, Mr. Korman has represented a wide variety of companies including CDW Computer Centers, Underwriters Laboratories, Dove International and Walgreen Company. In addition, he has represented major landlords including CenterPoint Properties, Mass Mutual, First Industrial and Northern Builders.

Mr. Korman has a BA from Indiana University, Bloomington, Indiana and works on his continuing education in real estate. He is affiliated with several professional organizations and sits on the board of numerous charities in Chicagoland.

Patrick D. Lederer, SIOR Principal 847.205.4367

Patrick D. Lederer has been a licensed real estate broker representing industrial and office clients since 1990. In that time he has completed hundreds of transactions for both institutional and entrepreneurial users. Mr. Lederer's skills include tenant representation for leasing and purchasing, strong negotiation skills, acquisition/disposition for users and investors, financial analysis and construction administration. While his specialty is industrial real estate, he has completed deals involving retail, office and land. Mr. Lederer has also developed numerous projects including land development/entitlements and speculative industrial/office projects for sale and lease.

Mr. Lederer has a B.S. in Mechanical Engineering from Illinois Institute of Technology and a MM from Northwestern's Kellogg School of Management. He is active in numerous professional organizations including the Association of Industrial Real Estate Brokers (AIRE - President 2006), and a member of the Industrial and Commercial Development Commission for the Village of Northbrook (ICDC) and has earned the professional designation from Society of Industrial and Office Realtors. Mr. Lederer is a board member of Porchlight Musical Theater Chicago and a director of Western Golf Association.

Mr. Lederer lives with his wife, 2 children and hyper golden retriever in Glencoe, Illinois.

Peter Balyeat, Leasing Director 847.205.4356

Peter Balyeat, a Chicago area native, delivers professional commercial real estate services and provides his clients with competent and creative business solutions.

Since 2001, Mr. Balyeat has represented national, international, and local clients in identifying and negotiating new real estate opportunities. Clients such as HTL International, Ross International, Pharma Trust, Hyva Corporation, Weishaupt America Incorporated, and Baumuller - Normont have turned to Mr. Balyeat to leverage his extensive market knowledge and in turn produce value added results. He has also completed both transactions and representation assignments for First Industrial Realty Trust, REEF and Prologis. To date, Mr. Balyeat has completed over 500 transactions throughout the Chicago land area with a value in excess of $200 million.

Mr. Balyeat is responsible for developing and increasing Korman/Lederer's presence in the Northwest and North Cook County markets, as well as continuing to serve his client base throughout Chicago.


Mr. Balyeat grew up in the northern suburbs of Chicago and graduated from Ohio Wesleyan University.

Korman Lederer & Associates

3100 Dundee Road, Suite 116

Northbrook, IL 60062